As you prepare for your retirement, I highly recommend developing a plan!

The plan would consist of taking a long look at what your cash flow and income are going to look like, what your asset to debt ratio looks like, where are my accounts and how diversified am I, and what balance do I need now with the assumption that we have low debt and children educated.

This is where life insurance and annuities should be a part of your portfolio. We think of life insurance in many respects. It is a tool that can be used throughout our life for various reasons and as our life changes, so should our insurances.

For example, if I have a 30-year mortgage on my real estate. I may want a term life insurance policy to cover that in the event of my passing so that my family is not forced out of their home. Another example may be a buy-sell agreement between a buyer and a seller of a business so that the business remains operable in the event of a loss of a partner until the details are resolved. Successorship planning definitely involves life insurance.

There are many types for many purposes. We will assess your needs and make recommendations accordingly. Call me for a consultation today.

If you didn’t read my March or April e-newsletters, my conversations are thoughts, needs and wants regarding life insurance regarding where you are in life. Also disability income protection.

Please be sure to catch these previous newsletters and blog posts. I’ve kept things short, simple and comprehensive so you can get the idea of my message and call me as we discuss your individual and unique situations.

Our immediate needs, which are our home and family and ourselves, but what about a business owner? If I work for a person and have invested a good share of my career with them, and they were negligent and not taking care of this type of a need, and had an occurrence, would that business sustain, or not?

If I’m the business owner, and I have not looked outside of my own personal needs, and extended my thoughts to include my business, I have turned my back on the people that make my life happen. My employees. If something would happen to me, what are my employees going to do if my business doesn’t sustain. This has a ripple effect and the impact extends to many people. Spouses and children of the people that make my business happen.

Please stop long enough to ask some questions. I can run some quotes, this is all done free. The only thing I ask of you is be aware. Let me educate you and I know you’ll do what’s right if you know your options. This video is from a non-profit organization called “Life Happens”. Life happens is a very quality and unbiased resource that our industry leverages for many general purpose introductions.

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As I work with business owners and get through their personal needs for health insurance, life insurance, disability income, etc., only half of the job has been addressed.

Now that the business owner is taken care of, not only is this considerate to their family, it is also considerate to their trusted employees. Without quality help that can run at the same pace to keep the business being progressive, the business owner has the ability to extend health and life insurance to employees through “group insurance”.

Group life insurance offers employees a death benefit that maybe they don’t have personally. This can be for employee only, or an extension onto spouses and children. This is not expensive and in most cases is a very nice addition to a work place benefits package.

If your employer is paying you what you feel is a fair wage, please do not overlook benefits. With the environment we live in today, there are employers cutting hours to stay away from mandates for health insurance. And there are other employers that are adding more value to your work place with benefits that you may not take the time or spend the money on for yourself.

When I see an employer that has a benefit package that has many options in it, I know that this employer is someone that is going to be there for the long haul and is very vested in its people. Whether you are a business owner, or whether you are an employee, reach out to me, we can run quotes, we can see if things make sense or not, so your decisions are easy. Group life insurance is essential.

As a continuation of my recent blogs and e-newsletters, I have been talking about life insurance. This is a subject that has many facets, many angles and a person needs to know how much they need, why they need it and everybody’s story is different. Consequently, there is a wide array of types of life insurance. I work with you to identify your needs and wants and your budget.

Life insurance can be one of the least expensive insurances you can purchase and it can also be the saving grace for those you love. In my previous blogs and e-newsletters, I spoke about people of retirement age, business owners, and blog is intended for everybody that doesn’t fall into these categories.

Life is good, we’re working, living well, we have kids, maybe grandchildren. Out of the blue, something happens; you must be prepared now, we can’t do it later. Please take a look at this video; it’s intended to incentivize you to start thinking. Again, everybody’s situation is different. Please call me. My greatest message to you is: Be prepared.

As a continuation of my explanation of why you should use life insurance as part of your insurance portfolio, check out this short video of a business owner’s story.

If you are a business owner, there are many reasons why you should have life insurance. You may or may not have a debt. You may or may not have a spouse or a business partner. You may be the key person in that business. You may want to pass this on and be able to support a next generation continuing a legacy.

And, of course, there will be transactional expenses, taxes, capital gains, etc., that you may not have figured into your thinking at this time. This is intended to create awareness. Please call me with your questions. Your questions will be unique to your situation and would be addressed on an individual basis.

I have a video that comes from a non-profit organization called “Life Happens”. It is well respected in our industry and has a lot of good thoughts for you to ponder.

I would like to start with retirement-aged folks and work in reverse. This video is less than 1 minute and includes 4 reasons…in my opinion, this may be a place to start, but there are also many other reasons that a retired person may need or want this type of coverage. These are items we can discuss on an individual basis as every person’s situation is unique.